METI - September 14
- -15.5% y/y, prior vs -16.1% prior
Capacity utilisation 9.6% m/m
- prior +6.2% m/m
Delay at source. Industrial production measures the output of industrial establishments in mining, quarrying, manufacturing and public utilities (electricity, gas and water supply). A nice bounce post COVID-19 shutdowns as things come back on track. All we need now is an effective vaccine and these types of recoveries can be built on.
